Doug Lebda, LendingTree Founder, Dies in Tragic ATV Accident
Doug Lebda, CEO and founder of LendingTree, died in an ATV accident on his family farm in North Carolina, the company announced on Monday.
Lebda was 55 years old and is survived by his wife and three daughters, Rachel, Abby, and Sophia.
"The news of losing Doug was devastating," said Scott Peyree, newly appointed CEO.
Peyree, who served as chief operating officer and president, will take over as CEO effective immediately.
According to Peyree, Lebda's legacy includes a strong management team at LendingTree.
- Lebda died on Sunday.
- The company "deeply mourns his passing."
Author's summary: LendingTree founder dies in ATV accident.